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News Letter Reviews Invest in Iraq? The Most Dangerous 1,400%+
News Letter Reviews Invest in Iraq? The Most Dangerous 1,400%+ 
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| Invest in Iraq? The Most Dangerous 1,400%+ |
| Thursday, 23 July 2009 | ||||||||
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The investment opportunity I'm about to tell you about is controversial, dangerous and risky. It has to do with a foreign gov't, a highly coveted and closely guarded discovery... and a few tiny stocks that could jump 10 to 20 times in value.We have recently uncovered what is perhaps the most exciting stock market opportunity in the history of our business. It is no exaggeration to say that it could return 1,400% over the next few years. Yes, I realize that is an outrageous claim. But when I show you the facts behind this incredible situation, I think you will ultimately agree with me that there is simply no other opportunity like this in the world today. In fact, nothing even comes close. Now normally, I wouldn't touch any investment having anything to do with Iraq. Whether or not you agree with the politics of the war, there can be no denying that it remains one of the most dangerous places on earth... a virtual hell hole of insurgents, bombings, and guerilla warfare. However, thanks to a source of mine one of the world's most successful speculative investors I've learned of a tremendous moneymaking opportunity that is about to unfold in Iraq. FACT #1: After being closed to investors for roughly the past 36 years, the greatest investment prize of the 21st century is finally opening up to American investors. I'm talking about Iraq the most promising unexplored oil reserve in the world. It is no exaggeration to say that the Zagros Mountain region is poised to become the world capital of oil production. This area - located along Iraq's eastern border with Iran - contains the largest concentration of "giant" and "super-giant" (greater than 1 billion and 5 billion barrels, respectively) oil fields in the world and accounts for 70% to 80% of the country's proven reserves. FACT #2: The economics of Iraqi oil are incredible. In short, this is by far the best place in the world right now to be in the oil business. Developing an oil field in Iraq will cost 90% less than what would be spent in the United States.
In addition, it's cheaper for companies to produce a barrel of oil in Iraq than it is anywhere else in the world... costing between $1.50 and $2.25 a barrel. In other oil rich nations like Malaysia, Venezuela, and Canada, it costs companies $5, $7 and $20 to produce a single barrel of oil, respectively. FACT #3: The profit potential of getting in early in Iraq is enormous. For example, in the Kurdish region of Iraq the autonomous gov't there has already signed partnership agreements with more than 20 foreign firms, many of which have seen huge gains: WesternZagros Resources Ltd, for example, an international natural resources company that has been operating in this region since 2003, has seen its share price rally 357% in the past four months. For generations, the world has known Iraq virtually floats on a sea of oil. Geologists confirmed the existence of oil in Iraq in 1925, when a joint group representing French, British, and American companies explored the region. One of the geologists wrote home to say no region in the world held greater promise his words proved prophetic. As Daniel Yergin describes in his definitive history of the oil industry, The Prize, the first well drilled there, the Baba Gugur-1, erupted with oil when the drill bit reached just 1,500 feet below the surface. In geologic terms, 1,500 feet literally just scratches the surface. Still, the force of the oil blew out the well and catapulted rocks 50 feet into the air over the top of the derrick. Drill crews needed eight days to cap the well, but not before an astonishing 760,000 barrels of petroleum washed across the region. It took 700 tribesmen building dikes to save the town of Kirkuk from the flood of oil. For generations, the world has known Iraq virtually floats on a sea of oil. Geologists confirmed the existence of oil in Iraq in 1925, when a joint group representing French, British, and American companies explored the region. One of the geologists wrote home to say no region in the world held greater promise his words proved prophetic. As Daniel Yergin describes in his definitive history of the oil industry, The Prize, the first well drilled there, the Baba Gugur-1, erupted with oil when the drill bit reached just 1,500 feet below the surface. In geologic terms, 1,500 feet literally just scratches the surface. Still, the force of the oil blew out the well and catapulted rocks 50 feet into the air over the top of the derrick. Drill crews needed eight days to cap the well, but not before an astonishing 760,000 barrels of petroleum washed across the region. It took 700 tribesmen building dikes to save the town of Kirkuk from the flood of oil. Yergin got the name for his outstanding book from a geologist's claim many years ago that Middle Eastern oil is "the single greatest prize in all history." Saudi Arabia has been the most productive area of this region for decades. But now the wealth there is in the hands of a small group of royals. That's why I believe Iraq is the single greatest prize of the 21st century. At its peak Iraq's oil production was at around 3.5 million barrels per day. Tariq Sharfiq, Director of Oil with the consulting firm Petrolog and Associates, believes production will ramp up to match Saudi Arabia's 10 million barrels per day over the next decade. As a milepost on the way to 10 million barrels a day, the Iraq government has set a short-term goal of producing 6 million barrels per day by 2013. That's an aggressive goal, but a simple one to achieve all it takes is cash. The Center for Global Oil Studies in London estimates Iraq must spend about $43 billion to achieve that goal. That's why companies are flocking to Iraq. It is the single-best place to grow an oil company petroleum literally seeps out of the ground, you simply need to engineer the most efficient way to collect it. Companies that successfully land contracts in Iraq can expect to grow at least 1,400% over the next decade. We just need to figure out which ones will land the right contracts... Big discoveries like these have translated quickly into big gains for oil and gas companies: • InterOil (IOC), a small Canadian oil producer recently discovered one of the biggest natural gas wells ever found in the South Asian country of Papua New Guinea. The stock has shot up 202% since Oct. '08. • BG Group (BG.L), a UK-based oil and gas explorer, discovered an 8 billion barrel oil field in Brazil, which in Nov. 2008 was touted as the "discovery of the decade," according to Time Online. The stock has rallied 263% in the past 5 years. • Tullow Oil (TLW.L), a London-based oil and gas explorer who has found wells throughout some of the most dangerous regions in the world including Ghana, Uganda, Mauritania, Congo, Pakistan and Suriname, has seen its share price rise 1,300% since 2003. And right now, this tiny company sitting on a huge discovery in northern Iraq is ridiculously cheap.
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